Ecuador has secured $150 million in financing to manage its expanded marine reserve around the Galapagos, but remains open to blue bonds to benefit the environmentally sensitive area, Environment Minister Gustavo Manrique said Friday.
The South American country last year expanded the marine reserve by 60,000 square km (23,166 square miles), in addition to the 138,000 square km (53,282 square miles) already in place, to protect endangered migratory species between the Galapagos and the Cocos Island in Costa Rica.
